Nu Holdings Ltd (NYSE: NU) is -1.06% lower on its value in year-to-date trading and has touched a low of $9.01 and a high of $16.15 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The NU stock was last observed hovering at around $12.83 in the last trading session, with the day’s gains setting it 0.24%.
Currently trading at $13.07, the stock is 0.39% and 3.25% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 92.23 million and changing 1.87% at the moment leaves the stock 4.82% off its SMA200. NU registered 26.16% gain for a year compared to 6-month gain of 17.32%. The firm has a 50-day simple moving average (SMA 50) of $12.6584 and a 200-day simple moving average (SMA200) of $12.46955.
The stock witnessed a 2.43% loss in the last 1 month and extending the period to 3 months gives it a 27.51%, and is -2.17% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.46% over the week and 3.63% over the month.
Nu Holdings Ltd (NU) has around 8716 employees, a market worth around $62.98B and $10.83B in sales. Current P/E ratio is 29.73 and Fwd P/E is 17.06. Profit margin for the company is 19.85%. Distance from 52-week low is 45.06% and -19.05% from its 52-week high. The company has generated returns on investments over the last 12 months (21.97%).
The EPS is expected to grow by 38.59% this year.
Nu Holdings Ltd (NU) Top Institutional Holders
1080.0 institutions hold shares in Nu Holdings Ltd (NU), with institutional investors hold 84.26% of the company’s shares. The shares outstanding are 3.77B, and float is at 3.33B with Short Float at 3.10%. Institutions hold 80.10% of the Float.
The top institutional shareholder in the company is SC US (TTGP), LTD. with over 251.3 million shares valued at $3.24 billion. The investor’s holdings represent 5.2484% of the NU Shares outstanding. As of 2024-06-30, the second largest holder is CAPITAL RESEARCH GLOBAL INVESTORS with 217.5 million shares valued at $2.8 billion to account for 4.5424 of the shares outstanding. The other top investors are BAILLIE GIFFORD & CO which holds 185.96 million shares representing 3.8837% and valued at over $2.4 billion, while BERKSHIRE HATHAWAY INC holds 2.2371 of the shares totaling 107.12 million with a market value of $1.38 billion.
Nu Holdings Ltd (NU) Insider Activity
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